Apple Pay aims to replace the wallet - and it's making great progress: VP

Singapore

APPLE Pay is well on its way to replace the wallet, according to Jennifer Bailey, vice-president of the mobile payment service that aims to revolutionise the way consumers pay for goods and is arguably one of Apple's most important services today.

In an interview with The Business Times on Wednesday, she said: "We want to make contactless payments secure, private, easy to use, and on cards and devices we already use."